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Companies have realized the cost-saving benefits of the PMO — a critical layer of the project framework that establishes organization-wide discipline for projects, helping more of them come in on time, on budget and on strategy. They are the vital tissue that connects execution-level project teams (doing the work right) with strategic project portfolio planning (doing the right work).
An effective program management office (PMO) is critical to companies with multiple, far-reaching projects that have enormous impact on costs, profitability, resources, and customer relationships. Companies that don’t have a system of governance for proposing and managing projects at the company level often see delivery times lengthened, budgets exceeded, team morale strained, and negative impacts in the marketplace.
Reaping the cost-saving and profit benefits of the PMO is not always as easy as it sounds. For companies who choose to implement internal PMOs, there is the cost of researching, buying and implementing software with the parallel and equally critical problem of rethinking business processes and organizational structure. Often, non-revenue producing positions must be added, turning PMO implementation into a costly learn-as-you-go process. There’s a lot to be said for getting it right the first time. But it may be necessary to correct miss-steps that have been taken along the way.
This webinar will cover the proven ways to manage the risks of PMO, whether software, change management, personnel, or processes. Pros and cons of the internal and outsource PMO strategies will be discussed as well as best practices that have led to fast and consistent boost in productivity and return on investment.
• Ensure successful implementation and rollout while reducing complexity and organizational shock
• Implement a PMO for less — without endangering deliverables or quality
• Spend more time focusing on your competitive strengths
• Attain measurable ROI from your projects and initiatives